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Symphonie Trader System

  • #6,041
  • Feb 20, 2012 7:19am Feb 20, 2012 7:19am
Quoting Alex84
i guess it's mainly the way alorente prefers to trade
but you're right, charts say it all

eval, why do you still use previous matrix indy, is there a matter using the last V2 matrix ?

Alex84,

I am still testing Comers versions. I prefer a couple of weeks live testing before coming to any resolution.

Evaluator.:nerd:
  • #6,042
  • Feb 20, 2012 7:19am Feb 20, 2012 7:19am
@Alorente

the 5 trades you take provided in your picture. did you enter at open of candle after the vertical lines you draw?
because the crosses happened some candles later in real time then where you marked your entries.
i made a screen recording of the day until now to see, where the real MA cross happens and how it looks the day is past.
  • #6,043
  • Feb 20, 2012 7:26am Feb 20, 2012 7:26am
Hi Eval,

That last indicator on your chart: is it the 4 hour Heikin Ashi one? Could you please post it here since I can only find the old version with 4 lines.

Thank you!
  • #6,044
  • Feb 20, 2012 7:27am Feb 20, 2012 7:27am
Quoting yelena
i have to witness 2 strong trending days to be able to put a decision on it. but this was not meant for trending situations.



IMHO, AU is likely to reach 1.0806. fighting the trend spells disaster, at least in my experience.

PS: thank you RJ (and all the kind words sent before today). you are a great positive influence! (sowee i am unable to vouch for you yet)
On account of that thought I have tested taking only the long signals, including the open trade long I have now.
  • #6,045
  • Feb 20, 2012 7:30am Feb 20, 2012 7:30am
Quoting Alorente
Eval,

I agree with you and I stated that this morning. Please read my port #5987.

It is good to try new things though and always try to improve what you have. Basically, this system that I am using today is Symphonie without the Trendline indicator, which I think is pretty late in its signals and Sentiment which I am not sure is very useful, plus your Signal to Signal trading approach.

Also a minor difference, I donīt differentiate between a minor and a major spike, but aside from that they are the same and I intend to stick with your system...

Alorente,

You state;
Quote
I am using today is Symphonie without the Trendline indicator
then you are not trading Symphonie System. The core 4 indikators are the heart of the system and trendline is the guiderail by which the entire is built from. The moment you remove it you are now not using Symphonie and you are using something else.

Symphonie Trader System is built on four key blocks, emotion, sentiment, extreme, and trendline. It is true that trendline is the slowest of the 4 indikators but it is also the rock that keeps the system grounded in direction. Remove that and it is like removing the rudder from a ship. Sure it can go but the you cannot keep to the true direction. The Trendline part of the System is the one indikator that keeps one from being whipsawed to death in times of consolidation because it hold the coarse of the price action movement that is why it is part of the total Symphonie System.

Use what parts you feel most comfortable and use it as it is benefitial to your trading method but remember that the moment you remove one of the core components of the system is the moment you stop using Symphonie System and begin doing something else.

Evaluator.:nerd:
  • #6,046
  • Feb 20, 2012 7:35am Feb 20, 2012 7:35am
Has anyone tested comers version of pivots to know how its shaping up?
  • #6,047
  • Feb 20, 2012 7:36am Feb 20, 2012 7:36am
Quoting dakuki
Hi Eval,

That last indicator on your chart: is it the 4 hour Heikin Ashi one? Could you please post it here since I can only find the old version with 4 lines.

Thank you!
Yes it is a hybrid Heiken Ashi indikator where you can just watch one row of the Heiken Ashi indikator. I forget who posted it (my apologies to whomever did) but it is a nice indikator and since I only watch the 240 row it is perfect for my needs. I attach to this post.

Evaluator.

P.S. you have to manually adjust which timeframe you wish it to watch in the input settings.
Attached File(s)
File Type: ex4 HAzz2.ex4   7 KB | 666 downloads
  • #6,048
  • Feb 20, 2012 7:39am Feb 20, 2012 7:39am
For those of you that are new to trading or still learning the ropes, I want to say that there is no such thing as a perfect system or an infallible one. The market is alive and changing just like you and I are. What works today, I guarantee you has a good chance of not working 2 years from now. I have a friend who not only is a great trader, one of the best, and became a pretty famous designer of trading systems. He knew pretty much everything about trading, BUT, then 2008 showed up and he lost most of his fortune. 2008 broke all the rules that existed before and it caught a lot of people by surprise. Nothing replaces knowledge and continuing to learn every day to adapt to the new circumstances.

Someone mentioned today that it is very dangerous to trade countertrend and I agree. The system some of us are trying today trades countertrend also. Symphony does to. I must tell you that I feel very uneasy about every long order I am placing today because the REAL trend for EURUSD as measured by the weekly chart is clearly down. Itīs a trial and I am doing it, but with sweaty palms. I recommend you never trade against the trend and you will make consistent money and sleep well at nights.
Observation is the path to discovery.
  • #6,049
  • Feb 20, 2012 7:43am Feb 20, 2012 7:43am
Hey Eval, I've been having problems with the matrix indicator. It keeps showing a blue dot for the extreme, even when the last extreme spike was a sell.
  • #6,050
  • Feb 20, 2012 7:45am Feb 20, 2012 7:45am
Quoting Alorente
For those of you that are new to trading or still learning the ropes, I want to say that there is no such thing as a perfect system or an infallible one. The market is alive and changing just like you and I are. What works today, I guarantee you has a good chance of not working 2 years from now. I have a friend who not only is a great trader, one of the best, and became a pretty famous designer of trading systems. He knew pretty much everything about trading, BUT, then 2008 showed up and he lost most of his fortune. 2008 broke all the rules that...

I agree 100% and let me add that you WILL have bad trades with Symphonie and some of your trades will loose money. Symphonie is not perfect and never will be just as Alorente said...they(perfect systems) do not exist. The key is to have a sound strategy, good money management, and personal discipline. The goal of Symphonie Trader System is to help you be a consistant trader....that does not mean you win everytime. It means you win on a consistant basis and at the end of the day you have more winning trades than loosing one.

Growing your account is the key....but understand you will loose sometimes. How you handle your losses is the determining factor on how good a trader you become.

Evaluator.:nerd:
  • #6,051
  • Feb 20, 2012 7:53am Feb 20, 2012 7:53am
Quoting Alorente
For those of you that are new to trading or still learning the ropes, I want to say that there is no such thing as a perfect system or an infallible one. The market is alive and changing just like you and I are. What works today, I guarantee you has a good chance of not working 2 years from now. I have a friend who not only is a great trader, one of the best, and became a pretty famous designer of trading systems. He knew pretty much everything about trading, BUT, then 2008 showed up and he lost most of his fortune. 2008 broke all the rules that...
The reason most people were caught out in 2008 was precisely because they were trading with the trend which had been up since 2002 and nobody could believe the trend was turning. However, if they had been trading symphonie on the weekly chart they would have put a sell in week beginning 3rd August
  • #6,052
  • Feb 20, 2012 7:55am Feb 20, 2012 7:55am
Quoting ohammond
The reason most people were caught out in 2008 was precisely because they were trading with the trend which had been up since 2002 and nobody could believe the trend was turning. However, if they had been trading symphonie on the weekly chart they would have put a sell in week beginning 3rd August

  • #6,053
  • Feb 20, 2012 7:55am Feb 20, 2012 7:55am
Quoting Mediator
@Alorente

the 5 trades you take provided in your picture. did you enter at open of candle after the vertical lines you draw?
because the crosses happened some candles later in real time then where you marked your entries.
i made a screen recording of the day until now to see, where the real MA cross happens and how it looks the day is past.
I donīt know what to tell you. Iīm placing the lines as I place the trades. Maybe our broker feeds are different...?

Here is the updated chart.
Attached Image (click to enlarge)
Click to Enlarge Name: extreme ma cross.jpg Size: 176 KB
Observation is the path to discovery.
  • #6,054
  • Feb 20, 2012 7:56am Feb 20, 2012 7:56am
Quoting Alorente
Looking also at trying the 1M time frame. It is too early to judge. Iīll need until the end of the week to decide if the system has merit.
Looking forward to your 1M analysis of the signal to signal trading approach. The nice thing about smaller time frames is that you can get more trades in while you are awake.
  • #6,055
  • Feb 20, 2012 8:06am Feb 20, 2012 8:06am
Quoting Evaluator
Yes it is a hybrid Heiken Ashi indikator where you can just watch one row of the Heiken Ashi indikator. I forget who posted it (my apologies to whomever did) but it is a nice indikator and since I only watch the 240 row it is perfect for my needs. I attach to this post.

Evaluator.

P.S. you have to manually adjust which timeframe you wish it to watch in the input settings.
thanks eval
but on the previous chart you posted you didn't follow the trend diplayed by HA as you took shorts and HA 240 was still blue.
When do you strictly follow HA 240 as the trend ?
  • #6,056
  • Feb 20, 2012 8:06am Feb 20, 2012 8:06am
Quoting Evaluator
Yes it is a hybrid Heiken Ashi indikator where you can just watch one row of the Heiken Ashi indikator. I forget who posted it (my apologies to whomever did) but it is a nice indikator and since I only watch the 240 row it is perfect for my needs. I attach to this post.

Evaluator.

P.S. you have to manually adjust which timeframe you wish it to watch in the input settings.
Eval, Can't find any information. How do you set the inputs. Is it a 1,2,3,4 type of input or a 15 30 60 240 type? What should I set in the input for the 4H? Thanks.
  • #6,057
  • Feb 20, 2012 8:08am Feb 20, 2012 8:08am
Quoting ohammond
The reason most people were caught out in 2008 was precisely because they were trading with the trend which had been up since 2002 and nobody could believe the trend was turning. However, if they had been trading symphonie on the weekly chart they would have put a sell in week beginning 3rd August
I agree. My system kept me out of trouble also. In fact 2008 and 2009 were two of the most profitable years Iīve ever had. It all boils down to truly believing in your system 100% and being disciplined to follow it.
Observation is the path to discovery.
  • #6,058
  • Feb 20, 2012 8:12am Feb 20, 2012 8:12am
Quoting Alex84
thanks eval
but on the previous chart you posted you didn't follow the trend diplayed by HA as you took shorts and HA 240 was still blue.
When do you strictly follow HA 240 as the trend ?

Alex84,

Honestly, it depends on how I feel about the market at the time. Sometimes I feel like scalping and taking pure Symphonie Signals and once the trend starts to hurt my counter trend Symphonie Signals I start to trade only Symphonie Signals that agree with Heiken Ashi indikator.

Again, as I stated in earlier posts your Symphonie Signals tend to be much stronger when you trade with the 240 Heiken Ashi than against it.

Evaluator.:nerd:
  • #6,059
  • Feb 20, 2012 8:14am Feb 20, 2012 8:14am
Quoting rivtrader
Eval, Can't find any information. How do you set the inputs. Is it a 1,2,3,4 type of input or a 15 30 60 240 type? What should I set in the input for the 4H? Thanks.
There is only one input setting and you place the timeframe you wish it to monitor.

(see attached screenshot)
Attached Image
  • #6,060
  • Feb 20, 2012 8:15am Feb 20, 2012 8:15am
Quoting Alorente
It all boils down to truly believing in your system 100% and being disciplined to follow it.
Alorente,

I totally agree! Great post!

Evaluator.:nerd:
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